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AAI signs MoU for 20-year master plan, to develop Kolkata, Lucknow airports

[ecis2016.org] In a move to support the rapid growth of Kolkata and Lucknow airports, the Airports Authority of India has signed a memorandum of understanding with the US Trade and Development Agency, for a 20-year master plan to expand the operational capacities of the airports

The US Trade and Development Agency (USTDA) has signed a memorandum of understanding with the Airports Authority of India (AAI), to support a 20-year master plan, aimed at expansion of the operational capacities of the Kolkata and Lucknow international airports, an official said on September 13, 2017.

You are reading: AAI signs MoU for 20-year master plan, to develop Kolkata, Lucknow airports

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The AAI has selected Cincinnati-based Landrum & Brown (L&B) company, to conduct the master planning, which will incorporate sustainable and environment-friendly ways to accommodate the anticipated increase in demand at two of the fastest growing airports in AAI’s network, the USTDA said.

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“We are pleased to support this important project that will support India’s rapid aviation growth, while connecting US businesses with new export opportunities,” said Thomas R Hardy, USTDA’s acting director. Under the US-India Aviation Cooperation Programme, the USTDA has supported a number of similar activities, aimed at helping India’s growing aviation market. As the world’s ninth-largest aviation market, India’s civil aviation sector is on a high growth trajectory, poised to be the third-largest national market by 2020 and, potentially, the largest by 2030. This project will advance India’s priorities of expanding capacity at two of the busiest airports in the country, it said.

Mark A Perryman, chief executive officer, L&B, said his company was looking forward to the opportunity to assist AAI in developing their long-term modernisation plans for Kolkata and Lucknow International Airports and bringing the best-in-class technologies, to solve complex issues at these vital transportation hubs. Virginia-based USTDA is an independent agency of the US government. Established in 1961, the agency promotes economic development and US commercial interests, in developing and middle-income countries.

Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle

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